FirstEnergy Corporation $FE Holdings Lowered by Zions Bancorporation National Association UT

Zions Bancorporation National Association UT reduced its stake in FirstEnergy Corporation (NYSE:FE) by 20.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,402 shares of the utilities provider’s stock after selling 33,461 shares during the period. Zions Bancorporation National Association UT’s holdings in FirstEnergy were worth $5,929,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in FE. SageView Advisory Group LLC raised its holdings in FirstEnergy by 2.3% during the second quarter. SageView Advisory Group LLC now owns 10,253 shares of the utilities provider’s stock worth $425,000 after purchasing an additional 233 shares in the last quarter. Independent Advisor Alliance lifted its holdings in shares of FirstEnergy by 1.0% in the third quarter. Independent Advisor Alliance now owns 23,225 shares of the utilities provider’s stock valued at $1,064,000 after buying an additional 236 shares during the period. CWM LLC boosted its stake in FirstEnergy by 2.0% during the second quarter. CWM LLC now owns 12,044 shares of the utilities provider’s stock valued at $485,000 after buying an additional 240 shares in the last quarter. Kohmann Bosshard Financial Services LLC boosted its stake in FirstEnergy by 0.5% during the second quarter. Kohmann Bosshard Financial Services LLC now owns 48,454 shares of the utilities provider’s stock valued at $1,951,000 after buying an additional 241 shares in the last quarter. Finally, Manchester Capital Management LLC grew its holdings in FirstEnergy by 15.2% during the second quarter. Manchester Capital Management LLC now owns 1,834 shares of the utilities provider’s stock worth $74,000 after acquiring an additional 242 shares during the period. Institutional investors and hedge funds own 89.41% of the company’s stock.

FirstEnergy Price Performance

Shares of FE opened at $50.01 on Monday. The business’s 50-day moving average is $45.87 and its 200-day moving average is $45.37. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.75 and a quick ratio of 0.64. The company has a market capitalization of $28.89 billion, a price-to-earnings ratio of 21.84, a P/E/G ratio of 2.86 and a beta of 0.64. FirstEnergy Corporation has a fifty-two week low of $37.58 and a fifty-two week high of $50.14.

FirstEnergy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Thursday, May 7th will be paid a $0.465 dividend. The ex-dividend date is Thursday, May 7th. This represents a $1.86 annualized dividend and a yield of 3.7%. This is a boost from FirstEnergy’s previous quarterly dividend of $0.45. FirstEnergy’s dividend payout ratio (DPR) is currently 77.73%.

Trending Headlines about FirstEnergy

Here are the key news stories impacting FirstEnergy this week:

• Positive Sentiment: Mon Power and Potomac Edison (subsidiaries of FirstEnergy) selected a 35‑acre site in Maidsville, WV for a new natural‑gas power plant to be sited next to Fort Martin — part of the company’s approved Integrated Resource Plan to add gas and solar capacity to support reliability and affordability. Mon Power and Potomac Edison Select Maidsville, West Virginia, Site for New Natural Gas Power Plant
• Positive Sentiment: FirstEnergy raised its quarterly dividend ~4.5% (new quarterly payment $0.465; yield ~3.8%), signaling cash‑flow support for shareholders and making the stock more attractive to income investors.
• Positive Sentiment: Jersey Central Power & Light (a FirstEnergy utility) reported fewer outages as its $95M New Jersey Reliability Improvement Project reached the midpoint, which supports service reliability and reduces regulatory/credit risk. JCP&L Customers Experiencing Fewer Outages as $95 Million Reliability Project Reaches Midpoint
• Positive Sentiment: Analysts/coverage: brokerages have given FE a consensus “Moderate Buy,” and investment write‑ups highlighted FirstEnergy as a sales‑growth pick alongside other names — both items can support demand from institutional and retail buyers. FirstEnergy Corporation (NYSE:FE) Given Consensus Recommendation of “Moderate Buy” by Brokerages 3 Sales Growth Stocks to Buy Despite AI-Linked Market Turbulence
• Neutral Sentiment: Relative performance pieces note FE has been competitive with utilities peers this year and is being compared to AEP on valuation — useful context for investors but not an immediate catalyst. Is FirstEnergy (FE) Stock Outpacing Its Utilities Peers This Year? FE vs. AEP: Which Stock Is the Better Value Option?
• Neutral Sentiment: Corporate governance update: a routine board departure was announced (director Melvin Williams notified the company he was leaving), described as a routine board change — monitor for any follow‑up governance developments but not an immediate negative. FirstEnergy announces routine board change as director departs

Analysts Set New Price Targets

A number of brokerages have weighed in on FE. Wolfe Research raised shares of FirstEnergy from a “peer perform” rating to an “outperform” rating and set a $50.00 price target for the company in a report on Tuesday, January 27th. Wells Fargo & Company reduced their price objective on shares of FirstEnergy from $54.00 to $53.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of FirstEnergy in a research report on Monday, December 29th. UBS Group cut their price target on shares of FirstEnergy from $49.00 to $46.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Finally, Scotiabank raised their price objective on shares of FirstEnergy from $49.00 to $51.00 and gave the stock a “sector outperform” rating in a research note on Friday, October 24th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, FirstEnergy presently has a consensus rating of “Moderate Buy” and a consensus target price of $48.85.

FirstEnergy Company Profile

FirstEnergy Corp. (NYSE: FE) is a U.S.-based electric utility holding company headquartered in Akron, Ohio. The company’s primary business is the delivery of electricity through its regulated transmission and distribution utilities, serving residential, commercial and industrial customers across parts of the Midwest and Mid‑Atlantic. FirstEnergy’s service territory includes states such as Ohio, Pennsylvania, New Jersey, Maryland and West Virginia, and it operates primarily within the PJM regional transmission organization.

FirstEnergy’s core activities center on owning and operating electric distribution networks and transmission systems, maintaining and upgrading grid infrastructure, managing storm response and restoration, and offering customer programs that include energy efficiency and reliability services.